National Fertilizers Limited has informed the Exchange about Credit Rating
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
India Ratings & Research has affirmed the credit ratings of National Fertilizers Limited across all its borrowing facilities. The Fund-Based bank loan facilities of Rs. 90,000 million have been rated IND AA/Stable for long-term and IND A1+ for short-term. Non-Fund-Based bank loan facilities of Rs. 96,000 million and the Commercial Paper programme of Rs. 40,000 million have been rated IND A1+. The total rated exposure across bank loans stands at Rs. 186,000 million, spread across multiple lenders including SBI, PNB, HDFC Bank, ICICI Bank, and others. The Stable outlook indicates the rating agency sees no immediate concern in the company's credit profile.
This is a neutral-to-positive signal for shareholders — affirmation of AA rating with Stable outlook confirms NFL's strong creditworthiness and low default risk, which should keep borrowing costs stable. No change in rating means the market had no reason to repricing the stock on this news.